Annual report pursuant to Section 13 and 15(d)

SCHEDULE OF DEFERRED INCENTIVE COMPENSATION TO OFFICERS (Details)

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SCHEDULE OF DEFERRED INCENTIVE COMPENSATION TO OFFICERS (Details) - USD ($)
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]    
Total $ 521,000 $ 1,042,000
Non-current (521,000)
Current $ 521,000 521,000
Rory Cutaia [Member]    
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]    
Date [1] Dec. 23, 2019  
Debt Instrument, Maturity Date, Description [1] 50% on January 10, 2021, 50% on January 10, 2022  
Total [1] $ 215,000 430,000
Rory Cutaia One [Member]    
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]    
Date [2] Dec. 23, 2019  
Debt Instrument, Maturity Date, Description [2] 50% on January 10, 2021, 50% on January 10, 2022  
Total [2] $ 161,000 324,000
Jeff Clayborne [Member]    
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]    
Date [1] Dec. 23, 2019  
Debt Instrument, Maturity Date, Description [1] 50% on January 10, 2021, 50% on January 10, 2022  
Total [1] $ 63,000 125,000
Jeff Clayborne One [Member]    
Deferred Compensation Arrangement with Individual, Excluding Share-based Payments and Postretirement Benefits [Line Items]    
Date [2] Dec. 23, 2019  
Debt Instrument, Maturity Date, Description [2] 50% on January 10, 2021, 50% on January 10, 2022  
Total [2] $ 82,000 $ 163,000
[1]

On December 23, 2019, the Company awarded Rory Cutaia, Chief Executive Officer and Jeff Clayborne, former Chief Financial Officer, Annual Incentive Compensation of $430,000 and $125,000, respectively for services rendered. The Company had determined that it was in its best interest and in the best interest of its stockholders to defer payments to these employees. The Company paid 50% of the Annual Incentive Compensation on January 10, 2021, and subsequently paid the remaining 50% on January 20, 2022. See Note 22 for subsequent events.

 

During the year ended December 31, 2021, the Company paid $278,000 of the outstanding balance. As of December 31, 2021, the outstanding balance amounted to $278,000.
[2] On December 23, 2019, the Company awarded Rory Cutaia, Chief Executive Officer and Jeff Clayborne, former Chief Financial Officer, a bonus for the successful Up-Listing to Nasdaq and Acquisition of Verb Direct during fiscal 2019, totaling $324,000 and $163,000, respectively. The Company had determined that it was in its best interest and in the best interest of its stockholders to defer payments to these employees. The Company paid 50% of the Nasdaq Up-Listing Award on January 10, 2021, and subsequently paid the remaining 50% on January 20, 2022. See Note 22 for subsequent events.